Latest news with #Europeanbanks
Finextra
04-08-2025
- Business
- Finextra
Growing pains: Evolving core banking for an age of AI
What are the main barriers preventing European banks from fully modernising core systems? What lessons can they learn from digital-native and AI-infused platforms about agility and data strategy? As regulatory complexity increases, how are financial institutions balancing transformation speed with compliance? In Western Europe's mature banking environment, is modernisation more about cost efficiency or growth through innovation? And what are the key perceived risks for not modernising in the next 24 months? How are European banks prioritising ESG, AI, and cloud strategy across their digital roadmaps? What success measures or KPIs define a successful digital transformation? Every day, banks are increasingly feeling the modernisation imperative. Market demands, technology innovations, and consumer expectations are changing at a pace that many core systems are no longer capable of matching. In fact, Temenos research finds that 81% of banks believe that not implementing artificial intelligence (AI) will cause them to will fall behind competitors. Yet no bank can leverage the opportunities of AI and other innovative tech solutions without first modernising their core systems. So what is the latest state of play of technology modernisation among European banks? Artificial intelligence (AI) and agentic banking transform fraud prevention, personalisation and automation, but as the core continues to be modernised, data will be key to gain insights into what customers want and expect. As regulatory pressure increases, European banks need to balance agile product innovation with compliance needs, ensuring requirements for DORA and PSD3, among others, are met without stifling modernisation budgets. How are banks balancing innovation and compliance? Crucially, how can the C-suite determine what constitutes a successful transformation? Modernisation strategies need to ensure realistic, precise KPIs to ensure progress and effectiveness of the transformation can be measured. Register for this Finextra webinar, hosted in association with Temenos, to join our panel of industry experts who will discuss the state of play for modernisation in Europe and how banks are approaching product innovation under regulatory pressures.
Bloomberg
29-07-2025
- Business
- Bloomberg
EU Banks to Fare Better in Stress Test Than Last Time, A&M Says
European banks are set to fare better than they did two years ago in a regulatory test that will help determine their ability to make shareholder payouts, according to a consultancy that advised several firms in the exam. Lenders in the latest stress test will probably see an average hit between 4 and 4.5 percentage points to their key capital ratio, compared to 4.59 points in 2023, said Fernando de la Mora, a managing director at Alvarez & Marsal.
